The Annual Performance Appraisal Policy serves as the foundational document for managing employee performance reviews within organizations operating under Australian jurisdiction. This policy is essential for organizations seeking to establish a structured, fair, and consistent approach to performance management while ensuring compliance with Australian workplace laws. It is typically implemented when an organization needs to formalize its performance review processes or update existing procedures to reflect current best practices and legal requirements. The policy covers all aspects of the performance review cycle, from scheduling and conducting reviews to documenting outcomes and managing appeals, while ensuring alignment with the Fair Work Act 2009 and related employment legislation.

1. Purpose and Scope: Outlines the objectives of the performance appraisal policy and its application across the organization

2. Definitions: Defines key terms used throughout the policy including 'performance appraisal', 'review period', 'performance metrics', etc.

3. Policy Statement: States the organization's commitment to regular, fair, and constructive performance reviews

4. Roles and Responsibilities: Defines responsibilities of managers, employees, HR department, and other stakeholders in the appraisal process

5. Frequency and Timing: Specifies the regular cycle of performance reviews and timing requirements

6. Performance Appraisal Process: Details the step-by-step process including preparation, meeting conduct, and documentation

7. Performance Metrics: Explains how performance will be measured and evaluated

8. Documentation Requirements: Outlines requirements for recording and storing performance review information

9. Review Outcomes: Describes possible outcomes and their implications (e.g., promotion, development needs, performance improvement)

10. Appeals Process: Details the process for employees to challenge or appeal review outcomes

11. Policy Review: Specifies when and how the policy will be reviewed and updated